The initial phase of the SEI Atlantic-2 testnet program comes to a close this week. With two closed missions that were available only to the most attentive Seilors, Eclipse Pad has proven to be one of the most promising dApps in the ecosystem.**
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What have we learned while testing Eclipse Pad? What can we expect from an upcoming third mission? How can we strategize in preparation for SEI mainnet? All this and more in today’s SEI Deep Dive.
Eclipse Pad is an S-tier launchpad with first mover’s advantage in the SEI ecosystem. The team is doxxed, including a few promising familiar faces from successful projects built on Terra in 2021-2022.
Launchpads help developing projects to launch their token, bootstrap initial community, and disburse token emissions to a dedicated community. Vetted launchpads like Eclipse secure funding for exemplary developers allowing for more intricate and expensive ideas to blossom early in a new ecosystem.
On the macro scale, launchpads play a crucial role for a new L1 blockchain. It is the responsibility of the launchpad to select valuable projects with vetted team members and solid CVPs. Projects that launch early will be the ecosystem’s infrastructural backbone - a primary role model for builders in their Web3 neighborhood.
On the individual scale, launchpads provide exclusive opportunities for informed investors to develop a diversified ecosystem portfolio from the ground up. Successful projects might launch tokens that raise to an ATH of 10x-100x or more in relation to the IDO price for launchpad investors.
Getting involved with a responsible launchpad early is an excellent strategy that synergizes with the airdrop hunting atmosphere developing in the SEI community.
SEI is currently hosting missions for its early ecosystem developers on the Blocked platform. Users can faucet Atlantic-2 testnet SEI for use in incentivized on chain missions.
There have been two missions for Eclipse test launches. Each mission involves a testnet launch for a real developing project that will eventually launch on SEI mainnet.
Both missions enjoyed high levels of participation and sold out quickly: there is no longer an opportunity to participate. However, I expect that a third mission is just over the horizon.
Jumanji Finance is a game themed convex platform built on top of Astroport.
This test mission was a basic IDO that allowed anyone to invest up to 200 test USDC until the max raise of $10M was achieved. The Jumanji mission introduced the Eclipse community to basic IDO principals and also vesting contracts after MANJI TGE.
High Noon is a cowboy themed gamified perpetual trading platform modeled around high-risk high-reward plays.
In this test mission, all users who participated in the Jumanji IDO were whitelisted for a Private allocation round prior to the DUEL Public sale. Under normal mainnet circumstances, however, whitelist access would be given to wallets with the most Cosmic Essence, a reward for staking tiered amounts of ECLIP.
My prediction is that soon (this week?) Eclipse will launch a third testnet mission. Syndicate is a space-age “Redacted Cartel” themed after bribing space pirates for voting power in protocols.
This time around, I expect that the ECLIP staking Cosmic Essence system will come into play. For now, testers should claim test ECLIP daily at the faucet, gradually building their stake. You can only claim 1,000 test ECLIP per day, meaning the most dedicated users may be the only ones allowed in this test raise.
The upcoming testnet mission(s) will bring together all moving parts of Eclipse Pad IDOs. Testnet users will get a glimpse of how wallets with more Cosmic Essence from staking ECLIP are rewarded with greater investment opportunities. Use this time to go to school on Eclipse launches in preparation for mainnet.
Details about ECLIP tokenomics are not yet publicly available. We can speculate that there might be an airdrop that favors loyal community members and testers. But soon, details about a more important event will emerge - the ECLIP IDO.
We can guess that the ECLIP IDO will probably be the very first Eclipse raise on SEI mainnet. As there will be no ECLIP token prior to the IDO, there cannot be a whitelist based on Cosmic Essence.
There will likely be a private/whitelist sale for the ECLIP IDO, though we can only speculate on how to qualify. It’s safe to say that the most active community members and testers have the highest chance to participate in this opportunity.
Join the Discord community and say hi. Follow Twitter with đź”” on for alpha alerts. Participate daily in Zealy quests to climb the leaderboard. Keep informed with Medium articles and begin your mission to become an Eclipse Pad ambassador.
After core functionality goes live on mainnet is when the innovation begins. Here is a look at a few features planned for Eclipse’s growth phase:
Modular launch plans - not plain IDOs
dynamic launch methods for bootstrapping liquidity and vesting
Projects can customize their own launches with lockdrops, auctions, and more
Community-driven innovation
Decentralization in the growth phase
Top-secret solutions for launch liquidity issues and incentives
Possible L1
NFT-Fi Era
If you’re not already a whale throwing six-figure liquidity around DEXs to earn crazy APR, educating yourself on Eclipse Pad may be your greatest opportunity to become a SEI whale during the bull.
SEI mainnet is closer than you realize. With it will come an ecosystem explosion as new apps release their products and tokens. Will you surf atop the waves of change, or sink into Davy Jones’s Locker?
A nascent mainnet can be a turbulent ecosystem - SEI will be no exception. There will be 100x investments, but also failed projects and rug pulls. Aligning your investment plan with a vetted launchpad like Eclipse Pad will be a wise choice.
Eclipse Pad only selects the most promising projects for raise. Get prepared for the ECLIP IDO at the very start of SEI mainnet. One might expect half a dozen or more project raises in the first year of operation.
Investing with Eclipse Pad is your ticket to diversified revenue streams of the hottest native SEI tokens vested over time. Put in the time now to prepare your vestments and you will have a constant stream of revenue to engage with exciting emergent SEI projects.
Fractionalized NFTs? Collateralized lending? Mind-boggling AI projects? SEI no more. Your journey starts today with Eclipse Pad.
Space Cadet, Eclipse Community
Crew, SEI Community
Educator, Mirror and Twitter
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